MidAtlantic Farm Credit Announces Spring Sales Closing Date for Crop Insurance
WESTMINSTER, Md. (PRWEB) February 12, 2019 -- MidAtlantic Farm Credit is reminding area producers that the sales closing date for corn, soybeans, other spring crops, and whole farm revenue protection is Friday, March 15. Please contact your crop insurance agent to discuss changes to your policy, including adjustments to your coverage level, adding or deleting a county or crop, additional options available, or cancellations. All policy adjustments must be completed and signed by this date.
As a risk management tool, crop insurance provides financial security for producers in the event a weather-related or natural disaster occurs that can lead to low production. “We encourage all farmers to be as prepared as possible for anything that may come their way,” says Kathi Levan, MidAtlantic Farm Credit’s crop insurance manager. “Weather and market conditions are very unpredictable, but crop insurance provides a safety net for you, your business, and your family.”
In 2018, Farm Credit paid out more than $4 million to its crop insurance customers in claims. “Our team of expert agents are here to work with you to find the right level of coverage for your business,” adds Levan. “We encourage all producers to give us a call. We’re happy to review your current policy and talk through your many options to help you plan ahead.”
For more information about crop insurance and how Farm Credit can help you protect your business, please visit mafc.com/services/crop-insurance.
About MidAtlantic Farm Credit
MidAtlantic Farm Credit is an agricultural lending cooperative owned by its member‐borrowers. It provides farm loans for land, equipment, livestock and production; crop insurance; and rural home mortgages. The co-op has over 11,600 members and over $2.7 billion in loans outstanding. MidAtlantic has branches serving Delaware, Maryland, Pennsylvania, Virginia and West Virginia. It is part of the national Farm Credit System, a network of financial cooperatives established in 1916 to provide a dependable source of credit to farmers and rural America.
Katie Ward, MidAtlantic Farm Credit, http://www.mafc.com, 888-339-3334, [email protected]
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